Nationwide Fund Advisors grew its position in shares of Callidus Software, Inc. (NASDAQ:CALD) by 53.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 295,966 shares of the technology company’s stock after acquiring an additional 103,450 shares during the quarter. Nationwide Fund Advisors owned about 0.44% of Callidus Software worth $7,296,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Janus Henderson Group PLC acquired a new stake in shares of Callidus Software in the second quarter valued at about $84,553,000. Capital World Investors grew its stake in shares of Callidus Software by 94.7% in the second quarter. Capital World Investors now owns 3,310,000 shares of the technology company’s stock valued at $80,102,000 after buying an additional 1,610,000 shares in the last quarter. American Century Companies Inc. acquired a new stake in shares of Callidus Software in the second quarter valued at about $8,255,000. Ameriprise Financial Inc. grew its stake in shares of Callidus Software by 200.9% in the second quarter. Ameriprise Financial Inc. now owns 461,036 shares of the technology company’s stock valued at $11,157,000 after buying an additional 307,842 shares in the last quarter. Finally, Macquarie Group Ltd. grew its stake in shares of Callidus Software by 17.6% in the second quarter. Macquarie Group Ltd. now owns 1,735,767 shares of the technology company’s stock valued at $42,006,000 after buying an additional 260,145 shares in the last quarter. Institutional investors own 92.13% of the company’s stock.

A number of equities research analysts have recently issued reports on CALD shares. Jefferies Group increased their target price on Callidus Software from $29.00 to $32.00 and gave the company a “buy” rating in a research note on Friday, November 3rd. Zacks Investment Research lowered Callidus Software from a “hold” rating to a “sell” rating in a research note on Tuesday, October 17th. Oppenheimer reiterated a “buy” rating and issued a $30.00 target price on shares of Callidus Software in a research note on Friday, September 29th. Piper Jaffray Companies reiterated a “buy” rating and issued a $27.00 target price on shares of Callidus Software in a research note on Wednesday, November 1st. Finally, Credit Suisse Group increased their target price on Callidus Software from $30.00 to $32.00 and gave the company an “outperform” rating in a research note on Friday, November 3rd. Four research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of $29.67.

In related news, EVP Jimmy C. Duan sold 15,000 shares of the stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $29.25, for a total value of $438,750.00. Following the completion of the transaction, the executive vice president now owns 300,075 shares of the company’s stock, valued at $8,777,193.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Roxanne Oulman sold 6,200 shares of the stock in a transaction dated Thursday, November 16th. The shares were sold at an average price of $28.01, for a total value of $173,662.00. The disclosure for this sale can be found here. Corporate insiders own 1.61% of the company’s stock.

Callidus Software, Inc. (NASDAQ CALD) opened at $27.55 on Monday. Callidus Software, Inc. has a 1-year low of $16.05 and a 1-year high of $30.60.

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Callidus Software Company Profile

Callidus Software Inc (Callidus) is a provider of cloud-based sales, marketing, learning and customer experience solutions. The Company’s CallidusCloud enables its customers to manage their Lead to Money process with a suite of solutions that identify leads, implement territory and quota plans, enable sales forces, automate bid configuration pricing and quoting, manage contracts, streamline sales compensation and capture customer feedback, among others.

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Institutional Ownership by Quarter for Callidus Software (NASDAQ:CALD)

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